RIYADH: Like most major Gulf markets, Saudi stocks extended gains on Wednesday mirroring a rise in global peers after sentiment was lifted by receding fears of a global banking crisis and rising oil prices. Saudi Arabia's benchmark stock index edged up 0.3 percent supported by gains in most sectors, led by healthcare and financials. Dr Sulaiman Al-Habib Medical Services added
RIYADH: Saudi Arabia’s Tadawul All Share Index on Tuesday gained 25.36 points or 0.24 percent to close at 10,051.78, led by healthy buying in the telecom sector. While MSCI Tadawul 30 Index increased 0.31 percent to 1,428.40, the parallel market Nomu closed slightly lower at 18,868.33. TASI’s total trading turnover of the benchmark index was SR4.58 billion ($1.22 billion)
RIYADH: Saudi Arabia’s Tadawul All Stock Index on Wednesday fell flat to close at 10,276.94 points, swinging between a high of 10,323.38 at 10:10 a.m. Riyadh time and a low of 10,252.81 at 2.03 p.m. It also booked a decline of 8.91 percent or 1,004.77 points in its year-to-date performance. The lackluster show was predominant in the Gulf Cooperation Council region, where all
Al Hassan Ghazi Ibrahim Shaker Co, Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has expanded its long-term strategic partnership with LG Electronics through a new supply agreement.